Retirement

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Retiree Benefits

The University of Illinois offers a comprehensive retirement package to help employees plan for future financial stability. This includes participation in the State Universities Retirement System (SURS) and two optional retirement plans: 403(b) and 457(b).

For information about retirement and investment plans, as well as additional planning tools and information, visit NESSIE’s Retirement and Investment page.

Additional UIC Benefits

Many of the benefits eligible to current UIC employees transfer over after retirement. The UIC Retirement Guide outlines the opportunities and services available to retirees. Benefits include a University Retiree ID card, library access, discounted access to events and activities, financial services, and continuing education.

Annual Retirement Recognition Luncheon & Ceremony

Each spring, UIC holds its annual Retirement Luncheon & Ceremony recognizing faculty and staff who retired from University service between August 16th and August 15th of the previous year. For further information about the luncheon, visit the retirement section of the
Employee Recognition page.

The 2019 Retirement Luncheon will be held on Thursday, March 7, 2019 at the Isadore and Sadie Dorin Forum ​(formerly known as the UIC Forum). Invitations will be sent to retirees by US Post in January 2019. Registration is required.

Updating Your Contact Information

Before retiring, it is important to update personal contact information in NESSIE. Visit the Address and Phone Number Change page in NESSIE to update home address, phone number, and personal email address .

**Please note that an employee’s work email address (@uic.edu and @uillinois.edu) will expire shortly after retirement from the University.

To change an address for W-2 or payroll needs, visit the OBFS/University Payroll & Benefits site at W2 Address Change Page.

UIC Retirement Planning Seminars

The UIC Retirement Planning Seminars (formerly known as the UIC Retirement Planning Conference)are offered annually each spring to provide information and resources to staff and faculty who are planning to retire in the next one to five years. The seminars will be held two weekday mornings in April. One seminar will be held at Student Center West, and one will be offered at Student Center East.

Seminars will include:

Presentations by SURS the State Universities Retirement System (SURS); UIC Human Resources; University Payroll and Benefits (UPB); and UIC SUAA (the UIC Chapter of State Universities Annuitants Association)

Vendor Information Fair - Representatives from the following vendors and retirement resources will be on hand to answer questions and provide information.

Notification about the conference is sent via UIC email as well as through Deans and Department Head communication and time clock notices, where appropriate. Registration is required and typically opens by March 1.

Registration is required for these seminars and will be available Monday, March 4, 2019.

2019 UIC Retirement Planning Seminars Event Information

Below are 2019 dates, event times, and the folder documents that were provided at the 2018 seminars.

These seminars are not considered approved events. Employees who attend one of the seminars during scheduled work hours must obtain prior approval from their supervisor and use leave time in accordance with University policy.

The seminars are offered through a partnership of UIC Human Resources and System Human Resource Services(SHRS) and sponsored by UIC SUAA.

Free Retirement Planning Seminars are also offered by System Human Resource Services (SHRS) in the spring and fall of each year. These seminars provide information about SURS, as well as the University of Illinois Supplemental 403(b) Retirement Plan. The SURS and 403(b) representatives will lead the seminar discussions.

FAQ

Q) May I return to work at the University after I retire?

A) A minimum requirement of 60 days after separation from the University is required before any former employee may return to work in any capacity for the University. In addition, state laws set specific limits on the return to work of retirees. Please contact UIC Human Resources for details at uichrservicecenter@uillinois.edu.

Q) How much money may I earn if I return to work?

A) Retiree must contact www.surs.org for personal earnings limitations. However, the exact wages of a rehired retiree must be determined by the hiring unit and is contingent upon several factors including but not limited to the type of work, prospective earning, duration of employment and source of funding.